What is driving BII’s plans to invest $1.6b in climate finance in South & SE Asia?

  • Srini Nagarajan, Managing Director & Head of Asia, British International Investment
  • In conversation with Dylan Loh, Singapore Correspondent, Nikkei Asia 

The UK’s development finance institution British International Investment (BII), formerly CDC, has been looking at “transformative” climate technology projects in South and Southeast Asia, BII has committed to invest up to $1 billion in climate finance projects in India over a five-year period. In SE Asia, it will look at investing over $600 million in a five-year span across Indonesia, Vietnam, Cambodia, Laos, and the Philippines, in both direct investments and funds.
BII’s main focus remains to enable economies to reach the net-zero transition.